Fourier Capital Management Ltd Invests $9.94 Million in Analog Devices, Inc. $ADI

Fourier Capital Management Ltd acquired a new stake in shares of Analog Devices, Inc. (NASDAQ:ADI) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 25,035 shares of the semiconductor company’s stock, valued at approximately $9,943,000. Analog Devices comprises 15.5% of Fourier Capital Management Ltd’s holdings, making the stock its 3rd largest position.

A number of other institutional investors have also added to or reduced their stakes in ADI. ING Groep NV boosted its position in shares of Analog Devices by 45.1% during the 4th quarter. ING Groep NV now owns 222,559 shares of the semiconductor company’s stock valued at $60,358,000 after acquiring an additional 69,202 shares in the last quarter. Covenant Asset Management LLC acquired a new position in Analog Devices in the fourth quarter worth about $2,500,000. MGO One Seven LLC raised its position in Analog Devices by 17.7% in the fourth quarter. MGO One Seven LLC now owns 45,547 shares of the semiconductor company’s stock worth $12,352,000 after purchasing an additional 6,846 shares in the last quarter. Natixis Advisors LLC lifted its stake in Analog Devices by 2.4% during the fourth quarter. Natixis Advisors LLC now owns 1,002,286 shares of the semiconductor company’s stock worth $271,791,000 after purchasing an additional 23,531 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC boosted its holdings in Analog Devices by 108.5% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 20,464 shares of the semiconductor company’s stock valued at $6,511,000 after purchasing an additional 10,648 shares in the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Karen Golz sold 1,000 shares of the firm’s stock in a transaction on Monday, July 13th. The stock was sold at an average price of $389.83, for a total value of $389,830.00. Following the completion of the sale, the director directly owned 11,019 shares in the company, valued at approximately $4,295,536.77. This trade represents a 8.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,432 shares of Analog Devices stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $400.83, for a total value of $573,988.56. Following the completion of the transaction, the director directly owned 120,175 shares of the company’s stock, valued at $48,169,745.25. This represents a 1.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 75,274 shares of company stock worth $30,343,386. 0.36% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Sanford C. Bernstein upgraded Analog Devices from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $430.00 to $465.00 in a research note on Wednesday. Fundamental Research set a $550.00 target price on Analog Devices in a research report on Monday, June 29th. TD Cowen reaffirmed a “buy” rating and issued a $460.00 price target on shares of Analog Devices in a research note on Thursday. Wells Fargo & Company lowered their price target on Analog Devices from $515.00 to $500.00 and set an “overweight” rating on the stock in a research report on Thursday. Finally, Truist Financial increased their price objective on Analog Devices from $364.00 to $405.00 and gave the stock a “hold” rating in a research note on Wednesday, May 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $447.13.

Analog Devices Price Performance

Shares of Analog Devices stock opened at $373.09 on Friday. The stock has a market capitalization of $180.79 billion, a price-to-earnings ratio of 44.26, a P/E/G ratio of 0.94 and a beta of 1.20. The firm’s 50-day moving average price is $388.25 and its two-hundred day moving average price is $371.11. The company has a current ratio of 1.25, a quick ratio of 1.34 and a debt-to-equity ratio of 0.20. Analog Devices, Inc. has a 1-year low of $223.47 and a 1-year high of $445.91.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.34 by $0.11. The company had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.92 billion. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. Analog Devices’s quarterly revenue was up 39.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, equities analysts predict that Analog Devices, Inc. will post 12.72 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a $1.10 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $4.40 annualized dividend and a yield of 1.2%. Analog Devices’s payout ratio is presently 52.19%.

Analog Devices News Summary

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: Strong earnings and guidance: ADI reported record fiscal Q3 revenue of $4.02 billion, up about 40% year over year and ahead of the $3.92 billion consensus estimate. Adjusted EPS of $3.45 also exceeded expectations. Management’s fiscal Q4 EPS outlook of $3.71 to $4.01 points to continued momentum. Analog Devices Q3 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: AI and data-center growth: Revenue from data-center applications reportedly more than doubled, while demand tied to AI infrastructure, power management, optical connectivity and energy systems is creating a multiyear growth opportunity. Management highlighted a potential 100-gigawatt data-center buildout by 2031. Analog Devices Q3 Earnings Call Highlights AI Power Growth Runway
• Positive Sentiment: Broad analyst support: JPMorgan raised its price target to $500 and maintained an Overweight rating. Needham, TD Cowen and Susquehanna also reiterated Buy-equivalent ratings, with targets ranging from $450 to $475. These revisions reflect confidence in AI demand, margin expansion and an improving industrial recovery. Analog Devices Is Cashing in on the AI Boom
• Neutral Sentiment: Relative investment appeal: Comparisons with Texas Instruments and dividend-focused AI investment ideas portray ADI as a financially solid way to gain analog-chip and AI exposure, though they do not represent new company-specific catalysts. ADI vs. TXN: Which Analog Processing Chip Stock Has an Edge Right Now?
• Negative Sentiment: Macro and valuation risks: Semiconductor stocks faced pressure from a sharp rise in the 30-year Treasury yield, which can weigh on high-valuation growth shares. One analysis also downgraded ADI, arguing that multiple contraction and elevated expectations could limit gains despite strong fundamentals. Chip Stocks Fell on Higher Treasury Yields

Analog Devices Profile

Analog Devices, Inc (NASDAQ: ADI) is a multinational semiconductor company that designs, manufactures and markets a broad portfolio of analog, mixed-signal and digital signal processing integrated circuits. Founded in 1965 by Ray Stata and Matthew Lorber, the company has grown into a leading supplier of components that convert, condition and process real-world signals for electronic systems. Analog Devices is headquartered in Massachusetts and serves customers around the world across multiple end markets.

The company’s product lineup includes data converters (ADCs and DACs), amplifiers, power management ICs, radio-frequency (RF) and microwave components, sensors and MEMS devices, signal chain and isolation products, timing and clocking solutions, and embedded processors and software for system-level design.